Basf Se (BAS) PT Set at €80.00 by Commerzbank AG
Basf Se (ETR:BAS) has been assigned a €80.00 ($88.89) price target by equities research analysts at Commerzbank AG in a research note issued on Wednesday. The firm presently has a a “buy” rating on the stock.
A number of other research analysts also recently commented on BAS. Sanford C. Bernstein set a €71.00 ($78.89) price target on Basf Se and gave the company a “neutral” rating in a report on Friday, June 17th. Baader Bank set a €55.00 ($61.11) price objective on Basf Se and gave the company a “sell” rating in a research note on Monday, June 20th. Independent Research GmbH set a €75.00 ($83.33) price objective on Basf Se and gave the company a “neutral” rating in a research note on Monday, June 20th. Nord/LB set a €70.00 ($77.78) price objective on Basf Se and gave the company a “neutral” rating in a research note on Monday, June 20th. Finally, Societe Generale set a €82.00 ($91.11) price objective on Basf Se and gave the company a “buy” rating in a research note on Tuesday, June 21st. Eight investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. Basf Se has a consensus rating of “Hold” and a consensus target price of €72.46 ($80.51).
Shares of Basf Se (ETR:BAS) opened at 78.88 on Wednesday. Basf Se has a 12 month low of €56.04 and a 12 month high of €79.94. The stock’s 50 day moving average price is €73.55 and its 200 day moving average price is €70.10. The firm has a market cap of €72.45 billion and a price-to-earnings ratio of 18.04.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/12/basf-se-bas-pt-set-at-80-00-by-commerzbank-ag.html
Basf Se Company Profile
Receive News & Ratings for Basf Se Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Basf Se and related companies with MarketBeat.com's FREE daily email newsletter.